DecisionDatabases recently present the global Smart Vending Machines Market research report 2020 which reveals an extensive analysis of the global industry by delivering detailed information about upcoming market growth, trends, customer expectations, technological improvements, competitive dynamics, top manufacturers' assessment, and working capital in the industry. This is an in-depth study of the market enlightening key forecast to 2025.
Smart vending Machine now represents a new breed of vending machine connected to the internet.Consumer interaction data is captured via touchscreen, beacon technology, NFC readers and simple motion sensors that detect a customer’s physical presence, combined with mobile and enterprise back-end integration, which enables smart vending to offer real-time promotions, as well as upsell and cross-sell opportunities to personalize the user experience and promote brand loyalty.
Airport, railway station, school and business Center are the main application areas for Smart Vending Machines market. Dairy, especially school, accounted for 21.54% of total market share, followed by airport (20%) and railway station (19.14%).
According to this study, over the next five years the Smart Vending Machines market will register a 11.8% CAGR in terms of revenue, the global market size will reach US$ 1410 million by 2024, from US$ 720 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Smart Vending Machines business, shared in Chapter 3.
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The key manufacturers covered in this report:
- Fuji Electric
- Crane Merchandising Systems
- Sanden
- N&W Global Vending
- Seaga
- Royal Vendors
- Azkoyen
- Sielaff
- Bianchi Vending
- Jofemar
- FAS International
- Automated Merchandising Systems
- Deutsche Wurlitzer
- TCN Vending Machine
- Fuhong Vending
Segmentation by product type:
- Beverage
- Commodity
- Food
- Others
Segmentation by application:
- Airport
- Railway Station
- School
- Business Center
- Others
This report also splits the market by region:
• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• …….
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Research objectives
- To study and analyze the global Smart Vending Machines consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Smart Vending Machines market by identifying its various subsegments.
- Focuses on the key global Smart Vending Machines manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Smart Vending Machines with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Smart Vending Machines submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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